Finances

Enrolment Services Advisors and Associate Enrolment Services Advisors (ES Advisors) are a team of dedicated advisors that can assist graduate students across all areas of Enrolment Services. Some of the most common services are:

• Explaining tuition and student fees and advising on best methods of payment
• Financial assistance planning, specifically on student loans and the UBC Bursary
• Setting up a budget and exploring additional resources as needed (private loans, emergency funding).
• Workshops with respect to successful budgeting
• Advising on student records and documentation
• Referrals to other resources on campus

Graduate students are welcome to contact any member of the Enrolment Services team. The best ways to get in contact are:

• By phone at 604 822 9836 or toll-free at 1 877 272 1422
• In person at Brock Hall or Irving K Barber
• By email using the Ask Me form
• Reserve a time with an ESP in the virtual line

The deposit you paid to accept your offer to the UBC MM program will be credited toward your first tuition installment (September 2020). This amount will be transferred to your tuition account mid- to late-August.

VIEWING YOUR TUITION FEES

Once your registration has been completed by the RHL Graduate School in mid-June, you will be able to see a breakdown of your tuition and student fees on the Student Service Centre (SSC). Once you're logged in just click on the Student tab, then Financial, then SFM Account.

PAYMENT INSTALLMENTS

The first tuition installment is due by no later than Friday, November 6, 2020. You can pay tuition before this date, but must submit it by this deadline.

Your tuition will be divided into three equal installments which are due:

• November 6, 2020*
• January 7, 2021*
• May 12, 2021*

*Dates subject to change

Visit the UBC tuition web site to learn about allowable methods of payment.

International Students with questions about paying tuition to help secure their study permit should contact David Sage at UBC International Student Development for guidance. Details on how to contact David can be found under the "Study Permit" section of the International Students section of this site.

NOTES:

• All of your tuition payments must be done through the Student Service Centre (SSC), not the website where you paid your initial deposit. You can log into the SSC using your CWL Username and password.
  
• Credit Card Payments: Due to UBC policy, only your initial $1,000 tuition deposit may be made by credit card. Subsequent tuition payments may not be made by credit card.
• All students are responsible for keeping up-to-date in paying tuition and student fees until the completion of their program.

STUDENT LEVIED FEES

In addition to tuition, there will also be student-levied fees charged by UBC which will be included in each installment. The exact amount of tuition and student-levied fees as well as the payment deadline will appear on your record on the SSC prior to each month that tuition is due.

MM Specific Student Levied Fees

There are two specific fees for the MM program that will be due in their entirety with the first MM tuition installment in September:

1. MM Student Society fee
   
2. Sauder Buliding fee: All Sauder students pay the UBC Sauder School of Business Building Fee. This is a student levied fee passed through student referendum to help finance the new building.

To view a breakdown of tuition and student levied fees, check the itemized list attached to each installment on the SSC.

Should you decide to withdraw from the MM program program, below is the deadline schedule and percentage for tuition reimbursement. Please note that this schedule has been adjusted for the late entry into the program in October 2020.

SCHOLARSHIPS

The MM program usually only has Entrance Scholarships available to students. If you were awarded an Entrance Scholarship you would have been notified in your letter of acceptance to the MM program.

NOTE: Entrance Scholarships will be applied to your account and appear on the SSC in mid- to late-August.

Most scholarship money will be automatically credited to your student account soon after the due date. As the system knows of any pending awards, you will not be penalized if your fees have not been paid by the due date. However, if your award amount is less than the total amount owed, you must pay the difference by the fee deadline to avoid late charges.

Students are encouraged to check their financial record on the Student Service Centre (SSC) for confirmation of scholarship installment amounts and dates. Normally, awards are paid out using the following payment schedule:

• Under $1,000 - paid out entirely in one term
• $1,000 - $5,999 - divided equally and paid out in two terms
• over $6,000 - paid out over the three terms of the year (34% in September, 33% January, and 33% in May).

BURSARIES

If you find yourself in financial distress and unable to meet tuition/living costs during the program, UBC Enrolment Services has a bursary program in place for students with Canadian citizenship, permanent resident status, or refugee status.

Eligibility for bursaries will not guarantee that the full amount of unmet need is covered. Funding awarded will depend on the demands of the UBC Bursary Program for the study period to which you have applied, available funding from departments and faculties, and eligibility of programs for consideration.